You want to minimize the risk to the organization, so you’ll opt for which contract type?

posted 4¼months ago by Natalie2000
© Copyright: Project Management Professional (PMP) Study Guide by Kim Heldman, Sybex Inc., Alameda, CA, USA, 2002, page 240, question 19

You are the project manager for an outdoor concert event scheduled
for 1 year from today. You’re working on the procurement plan for
the computer software program that will control the lighting and
screen projections during the concert. You’ve decided to contract with
a professional services company that specializes in writing custom
software programs. You want to minimize the risk to the organization,
so you’ll opt for which contract type?
A. Fixed price plus incentive
B. Cost plus fixed fee
C. Fixed price
D. Cost plus incentive

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